vs
Side-by-side financial comparison of Confluent, Inc. (CFLT) and WYNDHAM HOTELS & RESORTS, INC. (WH). Click either name above to swap in a different company.
WYNDHAM HOTELS & RESORTS, INC. is the larger business by last-quarter revenue ($334.0M vs $314.8M, roughly 1.1× Confluent, Inc.). WYNDHAM HOTELS & RESORTS, INC. runs the higher net margin — -18.0% vs -25.2%, a 7.2% gap on every dollar of revenue. On growth, Confluent, Inc. posted the faster year-over-year revenue change (20.5% vs -76.3%). WYNDHAM HOTELS & RESORTS, INC. produced more free cash flow last quarter ($168.0M vs $41.7M). Over the past eight quarters, Confluent, Inc.'s revenue compounded faster (20.4% CAGR vs -4.6%).
Confluent, Inc. is an American technology company headquartered in Mountain View, California. Confluent was founded by Jay Kreps, Jun Rao and Neha Narkhede on September 23, 2014, in order to commercialize an open-source streaming platform Apache Kafka, created by the same founders while working at LinkedIn in 2008 as a B2B infrastructure company. Confluent's products are the Confluent Cloud, Confluent Platform, Connectors, Apache Flink, Stream Governance and Confluent Hub.
Wyndham Hotels & Resorts, Inc., is an American hospitality company based in Parsippany, New Jersey, United States. It describes itself as the largest hotel franchisor in the world, with 9,100 locations.
CFLT vs WH — Head-to-Head
Income Statement — Q4 FY2025 vs Q1 FY2026
| Metric | | |
|---|---|---|
| Revenue | $314.8M | $334.0M |
| Net Profit | $-79.2M | $-60.0M |
| Gross Margin | 74.7% | — |
| Operating Margin | -31.5% | — |
| Net Margin | -25.2% | -18.0% |
| Revenue YoY | 20.5% | -76.3% |
| Net Profit YoY | 10.0% | -170.6% |
| EPS (diluted) | $-0.23 | $-0.80 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $334.0M | ||
| Q4 25 | $314.8M | $334.0M | ||
| Q3 25 | $298.5M | $382.0M | ||
| Q2 25 | $282.3M | $397.0M | ||
| Q1 25 | $271.1M | $316.0M | ||
| Q4 24 | $261.2M | $336.0M | ||
| Q3 24 | $250.2M | $396.0M | ||
| Q2 24 | $235.0M | $367.0M |
| Q1 26 | — | $-60.0M | ||
| Q4 25 | $-79.2M | $-60.0M | ||
| Q3 25 | $-66.5M | $105.0M | ||
| Q2 25 | $-82.0M | $87.0M | ||
| Q1 25 | $-67.6M | $61.0M | ||
| Q4 24 | $-88.1M | $85.0M | ||
| Q3 24 | $-74.1M | $102.0M | ||
| Q2 24 | $-89.9M | $86.0M |
| Q1 26 | — | — | ||
| Q4 25 | 74.7% | — | ||
| Q3 25 | 74.2% | — | ||
| Q2 25 | 73.7% | — | ||
| Q1 25 | 74.5% | — | ||
| Q4 24 | 74.1% | — | ||
| Q3 24 | 74.5% | — | ||
| Q2 24 | 72.3% | — |
| Q1 26 | — | — | ||
| Q4 25 | -31.5% | -11.4% | ||
| Q3 25 | -27.9% | 46.6% | ||
| Q2 25 | -34.2% | 37.8% | ||
| Q1 25 | -37.3% | 35.4% | ||
| Q4 24 | -40.5% | 38.4% | ||
| Q3 24 | -37.4% | 43.2% | ||
| Q2 24 | -46.1% | 39.5% |
| Q1 26 | — | -18.0% | ||
| Q4 25 | -25.2% | -18.0% | ||
| Q3 25 | -22.3% | 27.5% | ||
| Q2 25 | -29.0% | 21.9% | ||
| Q1 25 | -24.9% | 19.3% | ||
| Q4 24 | -33.7% | 25.3% | ||
| Q3 24 | -29.6% | 25.8% | ||
| Q2 24 | -38.3% | 23.4% |
| Q1 26 | — | $-0.80 | ||
| Q4 25 | $-0.23 | $-0.77 | ||
| Q3 25 | $-0.19 | $1.36 | ||
| Q2 25 | $-0.24 | $1.13 | ||
| Q1 25 | $-0.20 | $0.78 | ||
| Q4 24 | $-0.26 | $1.06 | ||
| Q3 24 | $-0.23 | $1.29 | ||
| Q2 24 | $-0.28 | $1.07 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $347.2M | $64.0M |
| Total DebtLower is stronger | $1.1B | — |
| Stockholders' EquityBook value | $1.2B | $468.0M |
| Total Assets | $3.0B | $4.2B |
| Debt / EquityLower = less leverage | 0.94× | — |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $64.0M | ||
| Q4 25 | $347.2M | $64.0M | ||
| Q3 25 | $298.5M | $70.0M | ||
| Q2 25 | $295.6M | $50.0M | ||
| Q1 25 | $278.6M | $48.0M | ||
| Q4 24 | $386.0M | $103.0M | ||
| Q3 24 | $322.6M | $72.0M | ||
| Q2 24 | $311.3M | $70.0M |
| Q1 26 | — | — | ||
| Q4 25 | $1.1B | $2.5B | ||
| Q3 25 | $1.1B | $2.6B | ||
| Q2 25 | $1.1B | $2.5B | ||
| Q1 25 | $1.1B | $2.5B | ||
| Q4 24 | $1.1B | $2.4B | ||
| Q3 24 | $1.1B | $2.4B | ||
| Q2 24 | $1.1B | $2.4B |
| Q1 26 | — | $468.0M | ||
| Q4 25 | $1.2B | $468.0M | ||
| Q3 25 | $1.1B | $583.0M | ||
| Q2 25 | $1.1B | $570.0M | ||
| Q1 25 | $1.0B | $579.0M | ||
| Q4 24 | $961.2M | $650.0M | ||
| Q3 24 | $934.3M | $583.0M | ||
| Q2 24 | $873.9M | $623.0M |
| Q1 26 | — | $4.2B | ||
| Q4 25 | $3.0B | $4.2B | ||
| Q3 25 | $2.9B | $4.3B | ||
| Q2 25 | $2.8B | $4.3B | ||
| Q1 25 | $2.7B | $4.2B | ||
| Q4 24 | $2.7B | $4.2B | ||
| Q3 24 | $2.6B | $4.2B | ||
| Q2 24 | $2.5B | $4.2B |
| Q1 26 | — | — | ||
| Q4 25 | 0.94× | 5.37× | ||
| Q3 25 | 0.98× | 4.43× | ||
| Q2 25 | 1.03× | 4.44× | ||
| Q1 25 | 1.07× | 4.29× | ||
| Q4 24 | 1.14× | 3.72× | ||
| Q3 24 | 1.17× | 4.19× | ||
| Q2 24 | 1.25× | 3.83× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $42.1M | $367.0M |
| Free Cash FlowOCF − Capex | $41.7M | $168.0M |
| FCF MarginFCF / Revenue | 13.2% | 50.3% |
| Capex IntensityCapex / Revenue | 0.1% | — |
| Cash ConversionOCF / Net Profit | — | — |
| TTM Free Cash FlowTrailing 4 quarters | $60.7M | $437.0M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $367.0M | ||
| Q4 25 | $42.1M | $152.0M | ||
| Q3 25 | $30.8M | $86.0M | ||
| Q2 25 | $18.1M | $70.0M | ||
| Q1 25 | $-26.8M | $59.0M | ||
| Q4 24 | $35.2M | $134.0M | ||
| Q3 24 | $15.6M | $79.0M | ||
| Q2 24 | $8.6M | $1.0M |
| Q1 26 | — | $168.0M | ||
| Q4 25 | $41.7M | $136.0M | ||
| Q3 25 | $30.0M | $75.0M | ||
| Q2 25 | $17.2M | $58.0M | ||
| Q1 25 | $-28.2M | $52.0M | ||
| Q4 24 | $34.5M | $109.0M | ||
| Q3 24 | $15.0M | $71.0M | ||
| Q2 24 | $7.5M | $-6.0M |
| Q1 26 | — | 50.3% | ||
| Q4 25 | 13.2% | 40.7% | ||
| Q3 25 | 10.0% | 19.6% | ||
| Q2 25 | 6.1% | 14.6% | ||
| Q1 25 | -10.4% | 16.5% | ||
| Q4 24 | 13.2% | 32.4% | ||
| Q3 24 | 6.0% | 17.9% | ||
| Q2 24 | 3.2% | -1.6% |
| Q1 26 | — | — | ||
| Q4 25 | 0.1% | 4.8% | ||
| Q3 25 | 0.3% | 2.9% | ||
| Q2 25 | 0.3% | 3.0% | ||
| Q1 25 | 0.5% | 2.2% | ||
| Q4 24 | 0.3% | 7.4% | ||
| Q3 24 | 0.2% | 2.0% | ||
| Q2 24 | 0.5% | 1.9% |
| Q1 26 | — | — | ||
| Q4 25 | — | — | ||
| Q3 25 | — | 0.82× | ||
| Q2 25 | — | 0.80× | ||
| Q1 25 | — | 0.97× | ||
| Q4 24 | — | 1.58× | ||
| Q3 24 | — | 0.77× | ||
| Q2 24 | — | 0.01× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
Revenue Breakdown by Segment
CFLT
| Confluent Cloud | $169.4M | 54% |
| Post Contract Customer Support | $93.8M | 30% |
| License | $38.4M | 12% |
| Services | $13.2M | 4% |
WH
| Fee-related and other revenues | $334.0M | 100% |
| Management and other fees | $2.0M | 1% |
